In terms of the regional end-demand breakdown, given that zinc (50%) and copper (43%) have the highest proportions of construction as a driver, they were expected to benefit more than other metals, such as aluminium o..
“Palladium prices are expected to average $748/oz for the full-year 2013, $750/oz in Q3 13 and $780/oz in Q4 13. The precious metal continue to deliver a sizeable deficit in 2013,” the ..
The main movements in fundamentals since Q2 13 have actually been price-supportive. The copper market has been relatively tight, and the global stocks-to-consumption ratio started falling and is es..
The potential for further short-term dislocations in refined supply as a result of these factors. Lower global IP levels are contributing to the tightness in scrap, though low prices have also been..